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Quah, is this papertrading? tks.

DGBro, If that is true, why are indicators such as ADX, SNR, MA's etc any different? An indicator may be above a certain threshold level on one timeframe but if you were to look at other timeframes that same indicator may give a conflicting signal ... just curious...

Freaky stuff :p

Ok. one problem i find with signals on a closing basis is on the exit (entries are fine). what happens if you get a price spike in the bar that generates a huge loss? one way is to have a disaster stop loss (ie max amount you are willing to lose in one trade) but that would probably decrease...

OK i see you have used ES 5min data. is it possible for you to use 1min data for better resolution? also are all the signals based on a CLOSING BASIS or can it triggered anytime within the bar?

another thing might be to test out on different symbols... not sure what you used but maybe try out several different markets to see if its success varies a lot...

That is a good sign. How about if you remove one of the 3 filters in turn. does that aversely effect the system? e.g. does removing the 5 MA > 50 MA make a difference , maybe 5ma > 30 MA is good enough as a filter ... do the same with the ROC... this will determine if every part of the filter...

I don't have tradestation or any backtesting capabilities yet... but here are some possible suggestions... one way to make sure the system is not curvefit is to try and vary the parameters you have e.g. try MA(close,3 or 4 or 6 or 7 etc) ... try changing the period of the MA's as well as the ROC...

Right, but not to the TICK :)

Sarasota, Skeptical? Yes I am. I mean no disrespect, but you have to see what you are implying here. You have found the unobtainable HOLY GRAIL of trading --- a system that forcasts the turning points of the market to the TICK. Yet you jeopardize the system by even mentioning it on a...

So you're gonna try to convert me eh? :D

Why not post one chart with your 'lines' here on ET. That would allow people to see these voodoo Gann lines at work :D [B] I agree with you on your point that you must have an expectation. Some traders derive this expectation from years of experience, some use a mechanical system signal...

LOL. If you draw enough lines with enough methods on enough timeframes you're bound to get something price turns at to the TICK. There is no cause and effect as you might think. In my opinion it is foolish to believe the market behaves in a perfect mathematically precise manner. Trading is...

Quah This is my favorite thread. You have a very unique idea here, I 'm thankful you decided to share it with us all. No trite psychobabble masking the real questions related to trading. There are enough detailed specifics presented here so that anyone can test the trading plan. Also...

LOL. It's so true. :D

Nice system Quah. Very simple and elegant.